Recessions

SINGAPORE - Singapore's DBS Group warned inflation and geopolitical uncertainty may impact second-half performance too, after the wealth business of the bank suffered in the latest quarter, though profit beat estimates on rising interest rates. The quarterly earnings from DBS, Southeast Asia's largest lender, rounded off a strong reporting season for Singapore banks after … [Read more...] about DBS sees rising risks after rate increases boost quarterly profit

PHUKET MEDIA WATCH – Thailand news compiled by Gazette editors for Phuket’s international community How the bill was pushed through The Nation/Phuket Gazette Senate Speaker Nikom Wairatpanij explained that the upper chamber would not address whether the bill was a fiscal issue as the House had already ruled out the government’s fiscal responsibility. He also … [Read more...] about Phuket Gazette Thailand News: House pushes Amnesty Bill through

2021 was a pretty tough year on our finances. Not only did many of us suffer pay cuts and income losses, most of the high interest savings accounts in Singapore also got royally nerfed! Talk about adding insult to injury. You might’ve thought the end of the year meant the end to the misery…well, you thought! 2022 is shaping up to take quite the hit on our wallets. Inflation, … [Read more...] about 7 best savings accounts in Singapore with the highest interest rates (2022)

(CTN News) – Tech stocks are once again leading the market higher as investors snap up shares after being shunned during the widespread selloff earlier this year. The stock market dropped nearly two months ago. The Rise Of The Tech Market. After a brutal market selloff in the first half of 2022, investors piled into defensive sectors like utilities, consumer staples, … [Read more...] about Tech Stocks Are Leading Markets Higher Again, Analysts Divided Views On Rebound

PHUKET MEDIA WATCH – World news compiled by Gazette editors for Phuket’s international community France threatens to delay quick start of EU-U.S. trade talks Reauters / Phuket Gazette Brussels and Washington hope to start negotiations in June on a transatlantic free-trade agreement that would encompass almost half the world’s economy, and are seeking as broad a … [Read more...] about Phuket Gazette World News: Cyprus banks brace; France threatens EU-US trade; Damascus inner-city siege